Monday, July 20, 2015

OCHN: The conforming mortgage loan limit should NOT be raised

Raising the conforming loan limit encourages affluent borrowers to buy expensive homes, the opposite of what lawmakers intended when the subsidies began.

In order to spur lending to lower and middle income Americans, the GSEs and FHA provide loan guarantees to mortgage loans under the...
The conforming mortgage loan limit should NOT be raised

No comments: